Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1933 Frankford Rd Carrollton, TX 75007

    • Office Properties & Spaces
    • 26,108 SF
    For Lease
    View listing
    $14 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bao Nguyen: Allstate Insurance / Motorcycle Insurance Agency / Renter'S Insurance Agency
    • Baylor Scott & White Institute for Rehabilitation - Carrollton Frankford / Medical Clinic
    • CARENOW PHARMACY / Pharmacy
    • Moonlite Printing and Graphics / Banner Store / Commercial Printer
    • Care Plus Family Clinic / Medical Clinic / Std Testing Service

    Property Details for 1933 Frankford Rd

    Property size
    26,108 SF
    Property type
    Office Properties & Spaces

    Description

    Parkside Village, located at 1933 E Frankford Rd in Carrollton, Texas (zip code 75007), offers exceptional office space for lease. This single-story building totals 26,108 square feet and currently has 12,003 square feet of vacant space available. The property is classified as a traditional office building with multiple tenancies. Five individual suites are available, ranging in size from a minimum of 1,000 square feet to a maximum contiguous space of 12,003 square feet, providing flexibility for businesses of various sizes. The building is situated in Denton County and offers convenient access to Carrollton's amenities and transportation networks. The property's location provides a strategic advantage for businesses seeking a well-established and accessible location in the thriving Carrollton market. Interested parties are encouraged to inquire about lease terms and availability for these versatile and conveniently located office suites. The property is ideal for businesses seeking a functional and accessible workspace in a desirable location. The available space presents a unique opportunity to establish or expand a business within a well-maintained and established office building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Denton
    State
    Texas
    Longitude
    -96.885
    Latitude
    33.0005

    Comparable in this City

    • Value Estimation
      $515,000
      3,744 SF

      2724 Interstate 35e

      OFFICE (GENERAL) • 3,744 SF
      2724 Interstate 35e, Carrollton, TX 75007
      View Details
    • Value Estimation
      $390,000
      4,422 SF

      1948 Hebron Pkwy, Unit 2

      CONDOMINIUM OFFICES • 4,422 SF
      1948 Hebron Pkwy, Carrollton, TX 75007-1514
      View Details
    • Value Estimation by Request
      130,000 SF

      4201 Marsh Ln

      Office Properties & Spaces • 130,000 SF
      4201 Marsh Ln, Carrollton, TX 75007
      View Details
    • Value Estimation
      $420,000
      4,335 SF

      Carrollton, TX 75007

      CONDOMINIUM OFFICES • 4,335 SF
      Carrollton, TX 75007
      View Details
    • Value Estimation
      $340,000
      1,200 SF

      25663 Frisco Rd, Unit 301

      CONDOMINIUM OFFICES • 1,200 SF
      25663 Frisco Rd, Frisco, TX 75007
      View Details
    • Value Estimation
      $345,000
      1,593 SF

      1948 Hebron Pkwy, Unit 1

      CONDOMINIUM OFFICES • 1,593 SF
      1948 Hebron Pkwy, Carrollton, TX 75007-1514
      View Details

    Similar Nearby for Sale

    • $20,000,000
      130,000 SF

      North Dallas Corporate Pointe Office Building

      130,000 SF Class A Office, Prime Location
      4201 Marsh Ln, Carrollton, TX 75007
      View Details
    • $675,786
      1.23 Acres

      Carrollton Land Near Medical Center

      Unimproved land in high-traffic area near Carrollton Regional Medical Center.
      4108 Medical Pkwy, Carrollton, TX 75007
      View Details
    • $8,500,000
      40,000 SF

      Trinity Highlands: Prime Retail Space

      Carrollton, TX Mixed-Use Investment Opportunity
      1601 Trinity Mls Rd, Carrollton, TX 75007
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Commercial land available in Carrollton, TX. Zoning: Office District.
      4040 Marsh Ridge Rd, Carrollton, TX 75007
      View Details
    • Contact for pricing
      4.38 Acres

      Carrollton Commercial Land - 4.38 Acres

      Prime Carrollton Office Land, High Traffic Area
      0 Nwc Highpoint Dr. & Marsh Rdg Rd, Carrollton, TX 75007
      View Details
    • Contact for pricing

      Highway Frontage Commercial Land Available

      Commercial land with highway frontage and prominent signage available.
      1835 W Frankford Rd, Carrollton, TX 75007
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      37,505 SF

      Prime Carrollton Retail Space

      7,200 SF Available, Flexible Suites
      2640 Old Denton Rd, Carrollton, TX 75007
      View Details
    • $14 SF/Yr
      26,108 SF

      Parkside Village Office Suites

      Carrollton Office Space: 5 Suites Available
      1933 Frankford Rd, Carrollton, TX 75007
      View Details
    • $3,956 /Mo
      3,167 SF

      Adaptable Space in High-Traffic Area

      3,165 SF space suitable for office, retail, or medical use.
      1445 Mac Arthur Dr, Carrollton, TX 75007
      View Details
    • Contact for pricing
      3,302 SF

      Carrollton Office Space for Rent

      Office space with convenient access to amenities and major thoroughfares.
      4100 International Pkwy, Carrollton, TX 75007
      View Details
    • Contact for pricing
      1,870 SF

      Carrollton Office Space For Rent

      Office space available at a busy Carrollton intersection.
      2625 N Josey Ln, Carrollton, TX 75007
      View Details
    • Contact for pricing
      2,568 SF

      Office Space with Modern Amenities

      Office space with convenient location and comprehensive on-site amenities.
      4100 Midway Rd, Carrollton, TX 75007
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1933 Frankford Rd
    Carrollton, TX 75007
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.